- The U.S. recorded its largest-ever annual rise in oil production for a second year in a row with a 13.5% increase to 10M-plus bbl/day, and U.S. oil consumption outstripped China for the first time since 1999 as it reaped the benefits of the shale boom, according to BP's annual world energy review.
- Oil prices are at their most stable since the early 1970s, the review says, as the huge U.S. output increase offsets disruptions to supply from places such as Libya.
- Coal was the world's fastest growing fossil fuel, with 3% growth last year driven by developing nations; coal’s share of global energy use reached 30.1%, just below the 32.9% for crude oil, which lost market share for a 14th consecutive year.
- Natural gas consumption rose 1.4%, below the 2.6% historical average, to account for 23.7% of world primary energy use; gas demand growth was below average everywhere but North America.
- ETFs: UNG, USO, OIL, DGAZ, UGAZ, UCO, KOL, BOIL, SCO, GAZ, DTO, BNO, DBO, KOLD, UNL, CRUD, NAGS, USL, DBE, UWTI, RJN, DWTI, DNO, SZO, DCNG, OLO, JJE, ONG, RGRE, OLEM, UBN
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